Which of the following is NOT a characteristic of the capitalist form of economic organization?

A) Central planning.
B) A reliance on decentralized market processes for resource allocation purposes.
C) Private ownership of productive resources.
D) All of the choices are true.

Central Planning

A system of economy in which all choices about the creation and allocation of goods and services are made by the government or a central body.

Capitalist Form

A socio-economic system characterized by private ownership of capital goods, investments determined by private decision, and prices, production, and the distribution of goods determined mainly by competition in a free market.